ABRIDGED CONSOLIDATED FINANCIAL STATEMENTS FY2022 The consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the international Accounting Standards Board (IASB).The accounting policies are applied consistently throughout the Group. The consolidated financial statements are presented in Zimbabwean dollars (ZW$). Read more
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The Turnall Holdings Limited Board would like to inform the shareholders of the change in the Board of Directors. Please download the full notice here. Download Link.
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The operating environment for the quarter under review was characterized by tight monetary policies which saw a gradual decline in the month-on-month inflation levels. High borrowing costs in excess of 200% and liquidity challenges contributed to a general decline in aggregate demand. Download Here.Q3 Trading Update 2022
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The Board, management, and staff of Turnall Holdings Limited are deeply saddened by the untimely passing on of our very own, Michael Wangson. It was an honor and a privilege to work alongside Michael, a diligent, committed colleague who went above and beyond the call of duty. Our warm thoughts and sincere prayers go out […]
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On behalf of the Board of Directors, we are pleased to present the Turnall Holdings Limited abridged consolidated financial results for the six months ended 30 June 2022. Download here.
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The Board and Management of Turnall Holdings Limited would like to inform the investing public that the Company has received a notification of a control block acquisition in Turnall Holdings Limited. Read more here.
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OPERATING ENVIRONMENT The first quarter of 2022 saw local inflationary pressures and exchange rate volatility combined with heightened uncertainty in the operating environment. Read More.
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The Managing Director of Turnall Holdings Limited, Mr. Ziggy Bikwa recently opened the first distribution depot for Turnall holdings Limited on the 7th of May 2022. At a colorful ceremony held at the depot, Mr. Bikwa said this is the first for many to come. With a target of 7 distribution depots countrywide by the […]
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AFTER reporting growth during the year ended December 31, 2021, Turnall Holdings Limited managing director Zvizvayi Bikwa (ZB), is confident that the firm is on track to return to its heydays. In this interview with our business reporter Fidelity Mhlanga (FM), the Turnall boss reveals his grand plan. FM: It has been nearly a year and […]
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AUDITED ABRIDGED CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 The abridged consolidated financial statements are presented in Zimbabwe dollars. They are based on the historical cost approach and are restated to take account of effects of inflation in accordance with International Accounting Standard 29 (Financial Reporting in Hyperinflationary Economies) – IAS 29. […]
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